Radian Group (NYSE:RDN) Stock: Insider Stephen Keleher Sells 8,000 Shares

Key Points

  • EVP Stephen Keleher sold 8,000 Radian shares for $308,640 under a pre-arranged Rule 10b5-1 plan, reducing his direct holdings by 22.35% to 27,789 shares.
  • Radian reported quarterly EPS of $1.44, beating the $1.20 consensus estimate, while revenue of $624.1 million also exceeded expectations.
  • Analysts’ consensus rating was Moderate Buy, with an average price target of $43.29; the article also noted the stock had declined 3.5%.

Radian Group Inc. (NYSE:RDN - Get Free Report) EVP Stephen Keleher sold 8,000 shares of the business's stock in a transaction dated Thursday, November 5th. The stock was sold at an average price of $38.58, for a total value of $308,640.00. Following the transaction, the executive vice president directly owned 27,789 shares of the company's stock, valued at $1,072,099.62. This represents a 22.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Radian Group Stock Down 3.5%

NYSE RDN opened at $35.95 on Friday. Radian Group Inc. has a 1-year low of $30.53 and a 1-year high of $41.05. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 8.81, a PEG ratio of 0.90 and a beta of 0.69. The stock's 50 day moving average is $34.80 and its two-hundred day moving average is $35.27. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.14.

Radian Group (NYSE:RDN - Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The insurance provider reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.24. The firm had revenue of $624.11 million during the quarter, compared to the consensus estimate of $595.99 million. Radian Group had a net margin of 32.60% and a return on equity of 13.65%. During the same period last year, the firm posted $1.15 EPS. Equities analysts forecast that Radian Group Inc. will post 4.85 earnings per share for the current fiscal year.

Radian Group Dividend Announcement




The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Monday, August 24th were issued a dividend of $0.2550 per share. This represents a $1.02 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, August 24th. Radian Group's payout ratio is currently 25.00%.

Institutional Trading of Radian Group

A number of large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc lifted its stake in shares of Radian Group by 109.3% during the 2nd quarter. IFP Advisors Inc now owns 672 shares of the insurance provider's stock valued at $25,000 after buying an additional 351 shares in the last quarter. Root Financial Partners LLC bought a new position in Radian Group in the 3rd quarter worth about $36,000. Global Retirement Partners LLC bought a new position in Radian Group in the 2nd quarter worth about $37,000. Integrated Wealth Concepts LLC purchased a new position in Radian Group during the 2nd quarter valued at about $44,000. Finally, Nykredit A S purchased a new position in Radian Group during the 2nd quarter valued at about $55,000. Hedge funds and other institutional investors own 95.33% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on RDN. Wall Street Zen lowered shares of Radian Group from a "buy" rating to a "hold" rating in a research note on Saturday, October 10th. Keefe, Bruyette & Woods dropped their target price on Radian Group from $46.00 to $44.00 and set an "outperform" rating for the company in a report on Tuesday, August 11th. Weiss Ratings downgraded shares of Radian Group from a "buy (b+)" rating to a "buy (b)" rating in a research note on Tuesday, October 13th. BTIG Research started coverage on shares of Radian Group in a research report on Tuesday, September 22nd. They issued a "buy" rating and a $48.00 target price on the stock. Finally, Zacks Research raised Radian Group from a "strong sell" rating to a "hold" rating in a report on Tuesday, October 13th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $43.29.

Get Our Latest Stock Report on Radian Group

More Radian Group News

Here are the key news stories impacting Radian Group this week:

  • Positive Sentiment: Radian earned $1.44 per share, beating analyst estimates of roughly $1.20–$1.27 and rising from $1.15 a year earlier. Revenue reached $624.1 million, above the cited consensus estimate. RDN Q3 Earnings Beat on Specialty Strength, Revenues Rise Y/Y
  • Positive Sentiment: Operating income increased 25.2%, supported by strength in Specialty Insurance, including Inigo, as well as underwriting and investment income. Commentary following the earnings release also highlighted a valuation case that RDN could be substantially below estimated fair value; that assessment is a model-based view, not a guaranteed return. Radian Group Could Be 66% Below Fair Value As Strong Q3 Earnings Land
  • Neutral Sentiment: Barclays raised its price target from $36 to $37 but kept an “equal weight” rating, implying limited upside at the cited share price and signaling a measured analyst outlook. Barclays stock recommendations
  • Negative Sentiment: Despite the earnings beat, RDN shares declined in the latest trading session. The provided reports do not identify a specific catalyst for that move, so it may reflect investor caution or profit-taking rather than a clearly reported deterioration in results.

About Radian Group

(Get Free Report)

Radian Group Inc (NYSE:RDN) is a financial services company that provides mortgage insurance and related services to the residential real estate industry. Through its mortgage insurance subsidiaries, including Radian Guaranty Inc, the company helps lenders manage credit risk on residential mortgages, particularly loans made to borrowers with smaller down payments. Its insurance can also help borrowers obtain home financing without contributing a traditional 20% down payment.

Radian's mortgage insurance business serves mortgage lenders, banks, credit unions and other housing finance participants primarily in the United States.

Further Reading

Insider Buying and Selling by Quarter for Radian Group (NYSE:RDN)

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